As Brits plan to go to extreme lengths to grab a bargain this Black Friday but are leaving themselves exposed to cyber-criminals?
- Brits are gearing up to grab a bargain this Black Friday and Cyber Monday, with 17% already considering pulling a sickie.
- Over half of UK online shoppers will use a mobile device to shop for deals, but more than one in five (21%) will shop on unsecured smartphones or using open wifi networks (19%).
- F-Secure is warning people to install security software on any devices they’re shopping online with as last year the average count of spam increased by 45% during Cyber Monday.
- Brits are one and a half times more likely to be affected by financial fraud than people in other countries with 26% of people reporting they or someone in their family has been affected by credit card fraud, compared to an average 17% in other countries.
- New research highlights the lengths Brits will go to grab a bargain online, even though they may be leaving themselves vulnerable to cybercrime.
Over half of UK online shoppers use a mobile device to shop for deals on Black Friday and Cyber Monday**, but more than one in five (21%) will shop on unsecured smartphones (with no security software installed). And nearly 1 in 5 (19%) intend to shop on their commute or during their lunch break using free public wifi (17%)*, all of which puts them at greater risk from cybercriminals who are also looking to cash in.
With Black Friday a growing phenomenon in the UK, and now the busiest retail period of the year, it’s no surprise that last year GCHQ predicted consumer loses of around £30 million due to online fraud.
The Common Security Pitfalls with Online Shipping at Peak Times
- Not having any protection on their mobile devices with three in four (75%) admitting that they don’t have security software installed to protect themselves from spam*.
- Making one fateful click on a fake promotional email that promises an incredible deal, with over two thirds (69%) admitting they click on the links in emails rather than going directly to the website.
- Having easy to guess passwords or the same password across multiple account log-ins, with only three in ten (30%) people ensuring all their accounts have strong, unique passwords, and just under one in eight (12%) using a password manager*.
He continued: “Hackers prey on our vulnerabilities around this time of year so we’re urging consumers to be extra vigilant and to use software protection online to keep themselves safe.”
Additional international research by F-Secure, a company which has three decades of experience stopping advanced cyber attacks, shows that Brits are one and a half times more likely to be affected by financial fraud than people in other countries. Just over a quarter (26%) of people reported that they or someone in their family have been affected by credit card fraud, compared to an average 17% in other countries. Additionally, almost twice as many Brits (9%) reported unauthorised access to their online bank, in comparison to an average of 5% in other countries.
Top Tips to Stay Secure this Black Friday
To help keep consumers safe when shopping online this Black Friday, F-secure have shared their top five tips:
1. Forget your Passwords
If you can remember your passwords, they’re too weak. So what do you do with more than a dozen passwords you cannot remember? Use a password manager.
2. Secure all your Accounts with Two-Factor Authentication
The best password in the world can still be compromised if it is not properly secured by the site you’ve trusted with. Use two-factor authentication to secure your accounts whenever possible.
3. If you’re going to Shop on your Smart Phone, use a Retailer’s App
On your phone you maybe even more vulnerable to some basic scams. Since URLs are harder to view on a smaller screen, you could be tricked by the explosion of tricky newer top-level domains, such as .family or .club. Stick the official apps on your device and you won’t have to worry about checking those web addresses.
4. Use one Web Browser for all of your Shopping and Financial Transactions
It doesn’t matter if it’s Chrome, Firefox, Edge Opera or Safari. Pick one browser and only use it for anything that involves shopping, banking or checking your financial accounts. And don’t touch it for anything else—especially social media.
Criminals take advantage of holiday distractions and expectations of gifts and packages being shipped to your home. Keep your focus by avoiding clicking on links in all emails and going directly to a retailer or shipper’s site.
Consumers can find out more about F-secures online safety tools here: https://www.f-secure.com/gb-en/home
*** This is a Security Bloggers Network syndicated blog from IT Security Expert Blog authored by SecurityExpert. Read the original post at: http://feedproxy.google.com/~r/securityexpert/~3/0qYnvPVyjxM/tips-for-brits-to-stay-secure-on-black.html